Tag: Natural gas

Former BG exec hopes to win big with small LNG

Former BG Group chief operating officer Martin Houston is now in start up mode, serving as founder and chairman of Parallax Energy, a new Houston-based company focused on developing mid-scale liquefied natural gas export facilities.  More »

Northeast natural gas prices still well above average despite warmer winter

The EIA says lower production and lack of pipeline capacity are to blame.  More »

Tribal head to speed North Dakota pipeline talks

The Three Affiliated Tribes has demanded environmental assurances and cash for permission for it to pass through land it recently acquired.  More »

Exxon Mobil drops to No. 4 in world rankings of largest oil firms

While Exxon Mobil fell, Russian and Chinese companies gained in the rankings.  More »

Transocean idles three more rigs, stock falls

Transocean’s fleet of deep-water drilling machines has been under pricing pressure and has faced lower demand amid falling oil prices and a glut in equipment.  More »

Natural gas well positioned for coming winter, industry group says

America’s Natural Gas Alliance, an industry group that represents producers, said that a large investment in infrastructure and a rapid buildup in inventories has made more natural gas available this winter than last, despite 2014’s cold winter that left storage of the fuel at decade-long lows.  More »

EIA: Natural gas storage inventories rebounding

Natural gas inventories rose by 40 billion cubic feet last week, extending a long run of higher-than-average storage injections, the U.S. Energy Information said today in a weekly report.  More »

California accuses BP of inflating gas contract

The state sued BP in San Francisco County Superior Court this week.  More »

Massive Siemens gas turbine takes a ride to Florida

FPL started construction on the $1.2 billion plant in the first quarter of 2014 and expects it to come online in 2016.  More »

Natural gas exports bill gets feds’ attention

Legislation to accelerate natural gas exports could win the Obama administration’s endorsement — with some changes.  More »

Production starts at natural gas development in Malaysia

Startups in Malaysia are expected to add about 60,000 barrels of oil equivalent per day to ConocoPhillips production volumes by 2017.  More »

Rail on track for LNG fuel, but schedule isn’t set

Those hoping for natural gas-powered car fleets on the nation’s highways might want to first look to railroads, where analysts say a there’s a more compelling case to pioneer a switch to natural gas-pulled trains.  More »

Natural gas storage on track to recover from last winter’s lows

Natural gas storage inventories usually rise over the summer months and are drawn down in the winter as the fuel is used to heat homes.  More »

CenterPoint giving refunds to Midwestern customers ahead of winter

The happy forecast from utilities, weather forecasters and the federal government predict that last winter’s record cold won’t repeat.  More »

Plains All American profits up 40 percent

Plains All American set its course forward into a more uncertain energy market with a flurry of deals and third-quarter results propelled higher by the flood of crude flowing from shale plays.  More »
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